Every company, every individual, every business, every family office has the option to buy Bitcoin today. It is widely available.

There is what 400 trillion of wealth out there and still that capital hasn't flowed into Bitcoin but remains in inferior stores of value?

This is not the fault of Saylor or Strategy.

To the contrary it's easy to create a seed phrase, buy Bitcoin from a cex or dex, withdraw it for 25 cents and custody it yourself in a shoebox. And each sat in self-custody is verifiably not available to strategy or the ETFs.

Plus utxo ownership does not change consensus rules. That is a function of nodes and to a lesser degree miners.

Doesn't Tether depreciate every year????

What... is this? I have used Green wallet and it features on-chain and Lightning through greenlight - a kind of lightning node in the cloud accessible only through the user's keys. On-chain plus Lightning plus maybe a liquid sidechain (which is optional)

I have never seen meld.io before

It's... impossible. It is in my opinion impossible to go directly from Bitcoin to... more Bitcoin.

99.9% of people still use fiat on a daily basis, maybe in 20 years it will change but we are nowhere near that point.

A 'parallel economy' implies that all things everyday now and tomorrow are priced in Bitcoin which is not true. They are priced in dollars, then euro, then yen probably in that order...

And as Bitcoin outperforms the dollar (which it has done for 15 years) more people will learn about it, save in it, ultimately custody it, and eventually spend it.

But the process to 'replace banks' will take generations and more likely it's like Bitcoin 'eating the banks' as they themselves use Bitcoin more and more.

A parallel system separate from banks... is impossible because it's impossible to separately price goods and services from the broader market.

Which is first and foremost looking for stores of value.

Supporting miners... for the sake of supporting miners doesn't make sense to me. Miners ultimately have to be supported through the use of the network for transactions - in particular opening and closing lightning channels or large UTXO movements.

I don't see any evidence that blockstream has anything to do with the spam... And the spammers don't want to be 'on liquid'. They want to sell the idea that they are creating and marketing something valuable 'on Bitcoin'

Which of course they aren't.

I can recognize what is and isn't spam. It's no economically viable.. and the spammers are 'wasting money' BUT

Bitcoin is an economic network, not a data storage network for strange nft things

Tether is obviously tied to the Dollar. Which depreciates every year.

It goes down. People don't want to save in something that 'goes down'. Much less that competes against the Swiss Franc and Yen (by comparison with which it is 'going down' since the beginning of the year)

So what exactly is the point of Tether?

People 'adopt' Tether - great. The token loses value every year... and if the gov 'prints money' for whatever reason it loses value faster.

How is this better than Bitcoin?????

I too wonder the same thing. #957834

With respect... that explanation kind of falls apart because there have always been restrictions on arbitrary data.

The restriction to 80 bytes in op_return for example is limiting... Monkey pictures and cartoons are relatively big, right?

What I can't understand for the life of me is why fees aren't higher. The greatest demand is for 2 sats/vb meaning that... jpegs are cheap. Like 30,000 sats to upload a picture for the next 100+ years that's like the cheapest cloud storage ever.

Is this how cheap Bitcoin is going to be?

So wait... this is the greenlight for banks to custody that we've been hearing about?

What does this mean?

Thoughts???

I read your comment, thank you for your point of view.

My opinion is that in the next 10 years we'll see "Youtube Lightning" or the equivalent... allowing you to 'tip' and sponsor through micropayments your Youtube content creator through Lightning payouts.

Youtube or the equivalent will take a cut... but the majority will go to the content creator, allowing for tipping and incentivization of good content and of course more ad revenue for Youtube.

In this world, which we'll get to eventually there will be no 'capital gains' taxes on Bitcoin at least at micropayments... and micropayments through Lightning will be everywhere on the internet. Anti-Spam, Anti-Bot, Anti-DDOS plus online tipping similar to Stacker News will be common.

It's just better money, capital, and trust maximization on Lightning/Bitcoin and we'll get there.

When people really want and need to use Bitcoin as better capital and better 'insurance' for their hard work and labor... they will and the laws and education will follow.

I'm sorry about your experience in New Zealand, Capital goes where it is treated best and ultimately the banks will want in on Bitcoin custody as well.

A far as mBridge is concerned... would you want to save in the Yuan? It's hitting multidecade lows right?

Yuan falls to 2007 lows as US tariffs on China kick in https://www.reuters.com/markets/currencies/yuan-falls-2007-lows-us-tariffs-china-kick-2025-04-09/

They (dollars) lose value every year and are 'down' like 10% ytd vs every other major currency. Government never promises not to make more...

And can 'make more' any time if they need to provide liquidity or reduce bond yields.

Isn't Tether just dollar-tokens? It's like more dollars which are widely available.

I don't understand the appeal

Car parts come from all over the world and cross nafta/usmca several times before final assembly.

Tether does not compete with Bitcoin. Tether is just... dollars. And do dollars really compete with Bitcoin?

What... is it?

Well.. the bill for government will come due eventually. No amount of culture-wars or political fantasies or 'saber-rattling' or entertainment will change that.

Why Wall Street and bond-holders aren't speaking out... is beyond me. They must have some kind of exit plan.